Last night, the CPI was released at 2.6%, below expectations. This should be a major positive signal for the macro environment, but instead, BTC fell, with a short-term decline of over 2%.

Many people are confused and privately ask me: "Is the market crazy? Why are good news still being sold off? Should I cut my position?" To be honest, this is a typical example of news-driven thinking—only focusing on headlines, unable to understand the true logic behind the market.

**So why does the market fall despite good news?**

The key lies in the word "expectation." Wall Street institutions have long sensed signals of inflation easing and started positioning themselves last week, pushing the price up in advance. When the data is finally released, it becomes the perfect window for them to unload their positions—retail investors see the news and rush in, providing them with an opportunity to offload. In simple terms, this decline is not a trend reversal but a necessary liquidity washout.

**And what are the opportunities after the washout?**

Trading cannot rely on guesswork; you need to learn how to "find" the right levels. You want to identify where the big players are willing to defend.

A practical method is to look at dense trading zones on the K-line—those resistance levels that Bitcoin struggled to break through before. Once broken, they turn into strong support. The low point of last night's pullback often coincides with a previous dense trading zone, which becomes your support level.

Another more precise tool is Fibonacci retracement. Draw the recent major rally and focus on the 0.5 and 0.618 Fibonacci levels. If the price pulls back to these levels and shows signs of stabilization—such as a noticeably long lower shadow—that is usually a good entry point on the right side. The problem is that many people miss these details and just follow the herd to chase highs and sell lows.